President Trump announces a 50% tariff on refined copper starting August 1, aiming to strengthen American production of this essential material. What does this mean for the economy?
President Trump has sent letters threatening new tariffs of up to 30% on goods from seven countries, including the Philippines and Iraq. With negotiations ongoing, the US's trade stance continues to evolve as the deadline looms.
Despite Trump's ambitious goal of '90 deals in 90 days', a closer look reveals a troubling reality: not even nine deals may be completed by the deadline. With extensions looming and global reactions intensifying, the future of US trade looks uncertain.
US President Donald Trump has threatened Japan with a potential 30-35% tariff if a trade deal isn't reached by next week. With rising tensions and a looming deadline, what could this mean for both economies?
The pound briefly soared to its highest level against the dollar in nearly four years, driven by reports of Trump possibly replacing the Fed chair. As the dollar weakens, concerns grow over the independence of the Federal Reserve.
As stock market futures remain steady, all eyes are on the upcoming jobs report that could unveil the U.S. economy's health. Will it spark recession fears or reassure investors? Read more!
The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
